Simon Peters (eToro) | Bitcoin has passed the much-feted $10,000 resistance level, the first time since the crash of February 2020 when it dipped to $3,850 due to Covid-19 fears.Read More
Miguel Navascués | The Fed is continuing to buy assets and issue money to chosen subjects (for the first time not just the banks). The purchases made so far are more than double those made in 2008. However, the speed of money circulation (i.e., GDP/M2), shows a decline to levels never seen before: each unit of money in circulation moves just $1.4 of GDP. Or, in other words, more and more money is needed to move the same amount of GDP.